New York and Washington, November 8, 2022 Global investment firm The Carlyle Group Inc. (NASDAQ: CG) today reported its unaudited results for the third Focusing on leveraged buyouts and growth capital, the firm Sumner will succeed Bernasek as the head of global and industrial transportation on June 1. We thoroughly enjoyed working with both the Ullman and Castleray teams to bring this to a successful closing., "Id grown my company from the garage to multi-million in sales, but had come to a point where I needed to merge with a larger player. Carlyle also believes that Indias promising demographic fundamentals, mature capital markets and skilled workforce make it well-positioned for further growth. As a member of the next generation of Carlyle leadership, Tye said providing a listening ear to more junior talent had been key throughout her rise. Maswoswe said being able to drill into specific sectors was key to really identifying successful deals.
Carlyle Reports Third Quarter 2022 Financial Results Through our scale and extensive reach, our team is able to deliver a truly global platform. He previously led the private-equity firm's diversity and inclusion council, and he is now a sitting member of the group.
Aspen Power Partners Announces $350 Million Investment from Aerospace faced unprecedented turbulence in 2020, as travelers forwent travel plans and the industry had to take on record levels of debt financing to survive. Enter search text or select an advanced option, and click Search. ", Working with Castleray has been a learning experience at every turn. They give you autonomy to run your business, but theyre available when you need them., Partnering with Castleray has offered new opportunities and challenges. Our diverse and inclusive community makes us better partners and ultimately, helps us to build better businesses. Buyout group leverages the expertise and network of the One Carlyle platform, a term meant to describe the interconnected nature of the multiple and global lines of business which fall under the Carlyle Group umbrella, in "We like to say around here, 'It's a quick yes or a quick no, and not a slow maybe,'" he said. FRANKFURT, Nov 28 (Reuters) - U.S. buyout firm Carlyle Group (CG.O) has raised more than three billion euros ($3.12 billion) for a pan-European technology "That's where we believe the world is headed, and we want to be forward-thinking and taking advantage of those opportunities.". The team manages four funds with total asset under management of approximately US$ 2 billion. (Bloomberg) -- Carlyle Group Inc.s Patrick Siewert, one of the most senior executives of the buyout firm in Asia-Pacific, is stepping down after 16 years in Hong Kong to become a senior adviser. This is an excellent time for long-term investors to seek value in China and India. For instance, our research has shown that increasing an oil and gas companys share of total revenue from renewable energy from zero to 40% could lead to a doubling of the typical energy companys trailing EBITDA valuation multiple. He has led all of the firm's recent investments in the federal-services sector, which includes deals like its former stake in the government-services contractor Booz Allen Hamilton. Looking forward, Sammons said he felt confident about the outlook for consumer retail, including in the luxury sector, which hit some speed bumps over the past year. "When we take companies public, this is increasingly a key focus for investors," Sumner said. "The ability to have both specialist teams and operational experts is enhanced by going into a more integrated structure," Clare told Insider. He reiterated the message at the firm's 2021 Investor Day, where he outlined a four-year plan to "accelerate growth and deliver enhanced shareholder value," the company said in February. Ashley Evans is a managing director in the TMT division at Carlyle. Chinas strong economic performance, successful implementation of its stimulus plan and incentive measures for small and medium-size enterprises are attracting international firms and investors to the Chinese market, added Tsou. He sits on the board for a number of Carlyle's healthcare investments, including Albany Molecular Research, MedRisk, and Millicent Pharma. This has allowed CAGPs portfolio companies to expand capacity and seek acquisition opportunities. ", Managing director, technology, media, and telecommunications. "Working at this scale, blurring the lines across verticals, allows us to share resources even better than we have," Bernasek said. He was a former group president and chief operating officer for Coca-Cola in Asia ex-Japan, and started his career at Eastman Kodak Co. in 1974. She sits on the boards of multiple technology companies, including ZoomInfo, HireVue, and Veritas. She also sits on Carlyle's diversity and inclusion council. That's going to take a lot of time to ultimately come to market.". Horbach, who has been a cohead of the US buyout team since 2016, told Insider that buyout and growth-focused investing had both been arrows within Carlyle's quiver over the years. Together we did it! Indias emerging middle class is fuelling strong domestic consumption, while the outsourcing and re-engineering of various products and services from all over the world to India continues to grow at a lively pace. CAGPs significant investments include Focus Media, HaoYue Education, HongHua, and Xtep. Maswoswe said the coronavirus pandemic had investors and companies taking a closer look at logistics and product distribution, as well as big questions around the future of spaces like the workplace and all that creates new investment possibilities for industrial investors. "I want a personal connection with the people I work with. Now, as data gatherers within the public and the private sectors develop more sophisticated techniques for harnessing and synthesizing large datasets, McCarter expects that we'll see a notable influence on the TMT investing landscape, he said. Hong Kong Global private equity firm The Carlyle Group announced today it has raised US$668 million for Carlyle Asia Growth Partners III Castleray delivers best-in-class products to its customers, and industry-leading investment returns to its investors. One such example is the health-research company TriNetX, of which Evans sits on the board. Carlyle Asia Partners Growth II General Information. Bernasek joined Carlyle in 2000. Description. The Chinese domestic consumption story is developing well.
Carlyle Founded in 1986, CLSA is a Pan Asian PE firm having offices in around 20 cities. Taking this step was not easy, but Castleray was a welcome breath of fresh air because both parties committed to create a fair and reasonable purchase agreement, that even took care of my employees.
ABOUT US CASTLERAY And that view has been only reinforced by the events of the past year, in which technology became central to every CEO's strategy. At Carlyle, he focuses on deals in the chemicals sector, one subsector of the broader industrial vertical, as well as other areas like packaging and automotive transport. ", Chicago (312) 789-4660 | Dallas (214) 347-7760. The PE firm was founded in 1997. Corporate Diversity Could Be Next, Iowa auditor says new law will restrict his office's access to information, Japan says Russian warships spotted near Taiwan, Okinawa islands, As if air travel isn't hard enough, 5G wireless signals could disrupt flights starting this weekend, Sandoz launches rival version of AbbVie's arthritis drug Humira, UPDATE 2-China to name forex regulator Pan Gongsheng central bank head -WSJ. Carlyle invested in the company for an undisclosed amount in September. The primary-care system in the US could benefit from a wave of fresh innovation, Wise said, and consumers need a greater understanding of how it works. He's seen the innovation that's been unleashed throughout the industry over the past 10 years. We poured our heart and soul into making ATS a market leader in ultrasound quality assurance performance testing. "We've been very, very effective at working remotely, so now we're thinking about: How does this change the work going forward?"
Carlyle Asia Partners Growth II Profile: Investments In both the transaction and the transition, Castleray was remarkably straightforward and reliable. Putin Blasts Wagner Traitors as Prigozhin Defends Revolt, Student Loan-Relief Backers Warn Biden Failure Isnt an Option, Putin Says Russia Avoided Civil War as Wagner Mutiny Case Ends, The 10 Worst US Airports for Flight Disruptions This Summer, Pickleball Injuries May Cost Americans Nearly $400 Million This Year, According to UBS. "Our real assets are the people that work here, and you have to have that sense of development and opportunity for all the generations within the firm. ", He added: "I think these younger consumers will require additional services that will require a broader platform, and that's kind of how we think about it. During his time as the head of the global sector, he has overseen investments in market-leading firms, including Novolex Holdings, Signode Industrial Group Holdings, and Hertz. Lee characterized his philosophy on making changes to Carlyle's investing approaches as "thinking bigger, performing better, and moving faster" in his first letter to shareholders as the sole chief executive in September. We take that seriously, and it's part of the firm's culture.". Carlyle Asia Growth Partners IV Raises $1.04 Billion to Support High Growth Asian Businesses; Investors Increasingly Attracted to Opportunities in China and India. CVC Capital Partners "Instinct and intuition are informed from years and years of experience," Sammons, who joined Carlyle in 2006, said, speaking about the judgment it takes to assess a smart investment.
Carlyle Asia Growth Partners III Raises US$668 Million Today he is a board member of the chemical producer Atotech, in which Carlyle invested in 2017. And for Steve Wise, the private-equity firm's head of global healthcare, the pandemic has accelerated this emphasis on life sciences and pharmaceutical services. Our diverse and inclusive community makes us better partners and Contact Information Fund Manager The Carlyle
Top 10 U.S. Private Equity Firms Of 2023 Forbes Advisor Meet 13 Execs Behind Carlyle's Integrated US Buyout, Growth Carlyle Seeks $8.5 Billion for Its Biggest Asian Buyout Fund He previously completed stints with Carlyle in Hong Kong and was a founding member of Carlyle's Asia buyout team. Due diligence also provides an opportunity to include discussions of ESG- or impact-related value creation opportunities that may be embedded into a companys broader value creation plan. We focus on the most material ESG issues for a company and its sector, using the Sustainability Accounting Standards Board (SASB) sector guides as a starting point to focus our diligence. I am excited about the transaction with Castleray and believe they will continue to build upon the 81-year successful track record of Ullman for many more years to come., We are honored that Ullman provided us with the opportunity to advise the Company on such an important transaction. The difference now, she said, is that the firm will be "accelerating" its efforts to bring those strategies under one roof, within each respective deal team. WebCarlyle Partners Growth General Information. As Carlyle moves to integrate its US buyout and growth-investment teams, the private-equity firm is confident it has placed the right people at the helm of six industry verticals. "Mentorship is critical to our success. Im very happy with the results. Carlyle Congratulates ADICON on its HKEX Listing, Carlyle to Announce Second Quarter 2023 Financial Results and Host Investor Conference Call, Carlyle to acquire majority stake in Anthesis. But in recent years, Carlyle's strategies have homed in on biopharmaceuticals, diagnostics, and technology-focused providers within the space. In her private life, Evans is the cofounder of the SynGap Research Fund, a nonprofit organization that has invested more than $1 million to advance research toward the treatment of a rare genetic disorder, SYNGAP1-related nonsyndromic intellectual disability. WebPublic filings of Carlyle Asia Growth Partners V raised by Carlyle Investment Management LLC. Employers have also grown frustrated with the nuances of the system. Sign up for notifications from Insider! Castleray purchases companies and real estate; and provides mezzanine financing solutions to parties in North America. Over the years, Sammons has led investments in other brands that have carved out their own niches in popular culture, like the audio brand Beats Electronics and the men's personal-hygiene brand Every Man Jack. The group invests through a team of local professionals in six offices - Beijing, Hong Kong, Mumbai, Shanghai, Seoul and Tokyo. The moves comes as the firm is raising its biggest ever buyout fund in the region while wrestling with a global slump in dealmaking. ", I teamed up with Castleray to recapitalize the company and permit my partners to exit as they desired. I was also able to diversify my assets while positioning our company for future growth. We leverage our expertise across our businesses to ensure we are delivering the best solutions to our partners and companies. Carlyle Group Inc. is seeking to raise as much as $27 billion for its latest flagship fund, in what would be the industrys largest-ever private equity pool. Working from home, for all of its efficiencies, can leave a strain on the apprenticeship model of leadership. A Hawaii native, Fujiyama has spent more than two decades at Carlyle.
Carlyle raises more than $3 bln to invest in European tech For instance, our research has shown that increasing an oil and gas companys share of total revenue from renewable energy from zero to 40% could lead to a doubling of the typical energy companys trailing EBITDA valuation multiple. Over the two decades that McCarter has spent at Carlyle, the world has changed. "Take our industrial team they've leveraged learning, particularly with digital capabilities, from the technology team, and it's moved through our industrial investment-opportunity assessments.". Due diligence was focused and reasonable. Chief investment officer, corporate private equity. Siewert, 67, will retire as partner and head of consumer, media and retail next month. She has also mentored many of Carlyle's next generation of female leadership. WebGlobal Network: The U.S. He joined the firm in 2011.
Energy Asia on Instagram: "What does an energy transition mean Carlyle passes halfway mark for $22bn eighth flagship fund, $2bn "I don't think there's a corner, a subsector of financial services that has not been impacted by this tech evolution.". Our Climate Strategy Impact at Carlyle 2023 ESG Report, Diverse TeamsA range of voices and insights, Engaged EmployeesCollaborative teams united by trust, Sustainable GROWTHReducing risk and driving value, Climate ResilienceNavigating the impact of climate change, Stronger Community TiesSupporting local communities, Developing a pipeline of US solar projects, Reducing water and chemical usage in denim processes, Using video interview technologies to reduce unconscious bias.
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